This file photo shows an oil tanker parks near a terminal in Namibia's port town Walvis Bay on Dec. 1, 2020. (Xinhua/Huo Kecheng)
The National Petroleum Corporation of Namibia announced that it had made a major light oil and associated gas discovery offshore on the Venus-1X prospect.
WINDHOEK, Feb. 25 (Xinhua) -- The National Petroleum Corporation of Namibia (NAMCOR) announced that it had made a major light oil and associated gas discovery offshore on the Venus-1X prospect.
The NAMCOR said in a statement on Thursday that the Venus-1X prospect is located in the Orange Basin, offshore southern Namibia.
"The Venus-1X discovery is located approximately 290 kilometres off the coast of Namibia, in the deep-water offshore exploration block. The well was drilled to a total depth of 6,296 metres, by the Maersk Voyager drillship, and encountered a high quality, light oil-bearing sandstone reservoir of Lower Cretaceous age," said the statement.
This file photo shows an oil tanker unloads oil at a terminal in Namibia's port town Walvis Bay on Dec. 1, 2020. (Xinhua/Huo Kecheng)
The NAMCOR Managing Director, Immanuel Mulunga, said that "following the recent success of the Graff-1 well by Shell, this second light oil discovery by TotalEnergies has demonstrated the world-class potential of this new play in the deep-water of the Orange Basin, which could be a major game-changer for Namibia's economy and its people. We look forward to the upcoming appraisal programme to quantify the extent of this major discovery."
Earlier in February (NAMCOR) announced that it's Graff-1 deepwater exploration well had made a discovery of light oil in both primary and secondary targets together with its partners in that particular well, Shell Namibia Upstream BV and Qatar Energy. The Graff-1 well has proved a working petroleum system for light oil in Namibia's offshore Orange Basin, 270 km from the town of Oranjemund.
"Drilling operations commenced in early December 2021 and were safely completed in early February 2022," NAMCOR Marketing Manager Paulo Coelho said.
